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(Newgen) Newgen complete technical analysis [charts+indicators] | Buy/Sell Newgen | (Newgen) share price targets

Complete technical analysis of Newgen (Newgen) by charts plus indicators, forecast predictions and share price targets for Newgen (Newgen)

10 day averaged volume of Newgen is 13426

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Sep 2023	900.30	884.15	910.10	864.55	0.436 times
28 Thu Sep 2023	884.10	921.25	933.40	872.00	1.864 times
27 Wed Sep 2023	921.25	881.95	925.35	879.00	3.982 times
26 Tue Sep 2023	873.80	860.20	881.95	854.10	1.354 times
25 Mon Sep 2023	860.20	850.10	882.65	850.10	0.667 times
22 Fri Sep 2023	864.35	862.80	884.95	842.00	0.33 times
21 Thu Sep 2023	854.10	836.40	875.00	836.40	0.173 times
20 Wed Sep 2023	853.45	841.85	869.65	841.85	0.104 times
18 Mon Sep 2023	852.85	884.95	884.95	848.00	0.299 times
15 Fri Sep 2023	870.40	882.05	888.50	866.30	0.121 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 891.3, but if it comes below 891.3, then a intra day sell could be more profitable.
If you take a sell trade below 891.3, then use 891.3 as stoploss and 868.49 as target. However if you take a buy trade in stock , then use 891.3 as stoploss and 918.7 as target.

Share price targets for Newgen (Newgen)

Target Type	Value
Downside Target	496.55
Downside Target	605.90
Downside Target	648.10
Downside Target	693.55
Downside Target	806.05
Downside Target	836.40
Downside Target	868.75
Upside Target	901.00
Upside Target	909.80
Upside Target	933.40
Upside Target	934.00
Upside Target	1000.00

Intraday share price targets for Newgen (Newgen)

Target Type	Value
Downside Intraday Target	855.8
Downside Intraday Target	811.3
Upside Intraday Target	939.1
Upside Intraday Target	977.9
Downside Intraday Target	894.6

Weekly technical analysis of Newgen (Newgen)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Sep 2023	900.30	850.10	933.40	850.10	9.158 times
22 Fri Sep 2023	864.35	884.95	884.95	836.40	0.351 times
15 Fri Sep 2023	870.40	901.00	901.00	811.95	0.464 times
08 Fri Sep 2023	889.35	826.55	909.80	806.05	0.685 times
01 Fri Sep 2023	824.65	914.05	934.00	817.05	1.012 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Newgen (Newgen)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Fri Sep 2023	900.30	848.90	933.40	806.05	0.553 times
31 Thu Aug 2023	864.10	856.95	1000.00	812.00	0.407 times
31 Mon Jul 2023	852.65	685.00	868.75	605.90	2.006 times
30 Fri Jun 2023	679.35	649.95	693.55	616.10	0.654 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Newgen (Newgen)

Price action analysis of Newgen ( (Newgen) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Newgen ( (Newgen) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Newgen ( (Newgen) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Newgen stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Newgen in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Newgen Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Newgen in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Newgen is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 894.73 and Newgen (Newgen) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Newgen (Newgen) stock. Volume based technical analysis of Newgen (Newgen) stock is negative.

Newgen Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.